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Techspace Group Limited

09310488

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

140 GOSWELL ROAD, LONDON, EC1V 7DY
Incorporated 13/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Noe Group (Corporate Services) Limited

director · Since 24/01/2018

Also on 82 other boards

Mr Robert David Stevenson

director · Since 18/06/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 11 other boards

Mr Jonathan David Bevan

director · Since 01/06/2020

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 55

Also on 14 other boards

Mrs Caroline Hudack

director · Since 26/07/2022

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Tscw Investing Lp

75–100% shares
75–100% votes
Appoint directors

Oak House, Hirzel Street, Guernsey, GY1 3RH

Reg: 2555 · Guernsey Registry · Limited Partnership

Notified 13/11/2017

Former PSCs

Mr David Peter Galsworthy

Ceased 23/05/2020

Mr Alexander Charles Marten Rabarts

Ceased 17/09/2021

Charges0 outstanding

Charge
satisfied

HEATHWICK HOLDINGS LIMITED

Created 23/10/2019Registered 29/10/2019Satisfied 08/10/2021
Charge
satisfied

HEATHWICK HOLDINGS LIMITED

Created 28/08/2019Registered 05/09/2019Satisfied 10/01/2020
Charge
satisfied

TSCW INVESTING LP (ACTING THROUGH ITS GENERAL PARTNER TSCW GP LIMITED)

Created 13/03/2017Registered 15/03/2017Satisfied 10/01/2020

CompanyRankvs 2270+ SIC 70100 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 25.81× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/03/2025

Net Worth

£9.9M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£10.2M

Working capital

Current Assets

£10.6M

Current Liabilities

£410k

Fixed Assets

£186k

Debtors

£9.3M

Profit After Tax

£365k

39avg. employees+12

People Costs(2020)

Wages & salaries£972k
NI contributions£177k

Balance Sheet

Intangible assets£19k
Assets less current liabilities£10.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202525.81+£374k
202430.44+£7.9M
20201.35

Derived from filed accounts. Not audited figures.